@Matthew PlatonWould you be able to split the utility bill, and have the tenant pay for their unit?

And the answer to that is generally no.  

Working with vetted, trustworthy borrowers and maintaining a robust vetting process will help ensure your capital works as hard as you do!

My conclusion then was this: if an investment pencils as cash flow breakeven or a small positive cash flow, using conservative underwriting assumptions, it would be worthwhile to buy despite the high interest rates.Real estate investing has three main sources of wealth building: cash flow, appreciation, and tax benefits.

It considers factors relevant to renting, like payment history and outstanding debt, so a low ResidentScore can indicate a higher rental risk even if it’s not a traditional credit score.For declining an application due to a low score, here’s a respectful and straightforward way to word your response:---**Dear [Applicant’s Name],**Thank you for your interest in renting [Property Address].

Renting the garage brings income and partial tax deductions for expenses but adds complexity.

And if they all add up to zero, you’ll earn 0.038% on your money  Or you could put the $125k in the bank and earn a government guaranteed $520/mo.

My wife and I own four units and we’re making the jump to double digits.

We are currently in the process of Renovating this home built in 1965 and plan to have completely transformed it by spring 2025.

Quote from @Shenae Davis: Just started reading the “How To Invest In Real Estate” by: Joshua and Brandon and the 1st actionable step was to join the community, so here I am💪🏽Welcome!